Is Raynham, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Raynham has remained a Seller's Market.
Key Takeaway
Raynham is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Raynham, MA
How much do homes in Raynham, MA cost?
Median Sold Price
$560,000
$293/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Raynham have sold for 10.9% more than they did a year ago.
Summary: The median home sold price in Raynham was $560,000 in May 2024, up 10.9% from last year, and the median price per square foot was $293.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $440K | $421.2K | -4.3% |
| 3 Bedrooms | $485K | $540K | +11.3% |
| 4 Bedrooms | $657.5K | $650K | -1.1% |
| 5+ Bedrooms | $859.9K | $788K | -8.4% |
Summary: Raynham housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 4.3%, 3 bedroom homes increased by 11.3%, 4 bedroom homes decreased by 1.1%, and 5+ bedroom homes decreased by 8.4%.
Median Sold Price Compared To Nearby Cities
| Raynham | $505K | $560K | +10.9% |
| East Taunton | $435K | $475K | +9.2% |
| Middleborough | $486K | $522.4K | +7.5% |
| Taunton | $450K | $470K | +4.4% |
| Bridgewater | $559.2K | $566K | +1.2% |
Housing Supply in Raynham, MA
How many homes are available in Raynham, MA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 42 | 51 | +21.4% |
Summary: The Raynham real estate market had 51 homes for sale in May 2024, a 21.4% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 5 | 5 | 0.0% |
| 3 Bedrooms | 17 | 24 | +41.2% |
| 4 Bedrooms | 14 | 15 | +7.1% |
| 5+ Bedrooms | 6 | 7 | +16.7% |
Summary: The Raynham housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 41.2%, 4 bedroom homes increased by 7.1%, and 5+ bedroom homes increased by 16.7%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 9 | 17 | +88.9% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Raynham, you could pay more than the asking price. 64.7% of homes here sold above asking price last month.
Summary: A total of 17 homes were sold or pending in Raynham in May 2024, up by 88.9% month-over-month. Of the 17 sold homes, 18% were sold under asking, 18% were sold at asking, and 65% were sold over asking.
Days on Market for Raynham, MA
How long does it take to sell a home in Raynham, MA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 51 Days | 31 Days | -38.1% |
Summary: Homes in Raynham had an average of 31 days on market in May 2024, down by 38.1% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Raynham are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 17 homes were sold in Raynham; 76% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.
